Sensex flat; Hero Honda rallies 3%

The Sensex has rebounded into the positive zone and is now up two points at 12,886.

Hero Honda has rallied 3% to Rs 676. HDFC and Larsen & Toubro have moved up 1.4% each to Rs 1,539 and Rs 1,588, respectively.

Satyam, TCS and Wipro are up over 1% each at Rs 461, Rs 1,214 and Rs 563, respectively.

ICICI Bank has shed 2% to Rs 841, and the HDFC Bank has slipped 1.4% to Rs 942.

Tata Motors and SBI are down around 1% each at Rs 710 and Rs 964, respectively.